The Home Buying Process

Get Pre-Approval for Financing: This step is So important. It’s like shoppping with Cash in hand when you are pre-approved. The best part is, you go in knowing exactly how much you can spend!

Find The Perfect Place: This is easier said than done. We are talking a large sum of money being spent and it could take 6 months to a year before you find something you want to commit to.

Make Offer~Go into Escrow: Decide how much you are willing to offer. Factor in possible repairs that need to be done and how much you desire the particular property.

Purchase Home Owners Insurance: Many people skip this step thinking that they already know what the home needs. There can always be things that come to the surface later and you want to be protected.

Inspections: Termite, Mold and Roof inspections are the most common. You want to know what you are in for in the long run.

Repairs: Negotialble between Buyer and Seller in most cases..

Survey:Not required but these are nice to have if you want to know where to make improvements, plant trees, et cetera

Title Search: Lenders’s Policy or Owners’s Policy? A Lender’s Policy protects the Lender as long as they have interest in the Property. Owner’s Policy protects you from unseen problems with the title.

Appraisal: To be absolutely sure the price of the home is fair market value, an appraisal is done. Not requires if you are paying cash but still reccomended.

Walk Through: The final walkthrough is important to make sure there is nothing that you may have missed before. Check that any repairs agreed upon have been done and everything looks good.

Closing: Finally, the best part of the deal. Now you own your property. Funds have been settled and you can begin enjoying your new home!

Renting vs. Buying

The dream of home ownership has instilled in us our entire lives. But after the housing crash of 2008, people are starting to see things through a different lens.

The True Cost of owning your home adds up. Taxes, repairs and mortgage payments equal much more than a rent check.

Renting on the other hand had more restrictions and rules to follow which is a deterrent for many. Balance that with less responsibility as a renter, the ability to call the landlord when something goes wrong and it looks like renting is a better choice.

Buying your home can be a good investment. Especially if you purchase a multi-unit home and occupy one of the units while renting out the others.

If you are a person who moves around a lot for work or for pleasure, you may want to consider the cost of buying and selling a home and be sure it is really worth your investment.

It comes down to what the market is doing in your area, the price to rent ratio and your own personal situation.

A New Generation of Realtors!

Do you ever wonder if the new generation of Millenials with there Tech Savvy intellect and cutting edge ideas might just have something to offer?

The fact is, we do! We came out of the gate thinking outside the box! We are saying, No More Boxes! Let’s open up the world to Global Possibilities right here in our own Front Yards! Because after all, we are all on this planet together.

We place emphasis on producing meaningful work, finding a creative way to solve problems and have a preference for immediate feedback. In Real Estate this means that we want results! We are not going to leave you wondering and We will find a way to Make it Happen!

The time has come to roll with the changes of this new generation and embrace to golden age of cyber space, technology and science. Bridge the gaps in cultures around the globe and keep it real in the Real World.

5 Steps to a Safer Home

Conduct a do-it-yourself home security check by walking around your house to assess what needs to be done to reduce the risk of a break-in.

A professionally installed and monitored home security system is a nice addition to your home’s defenses, but it shouldn’t be step one.

First, conduct your own home security check. After you’ve inspected your home’s doors and windows, make sure these essential steps are covered:

1. Keep your home well-maintained on the outside. Burglars want an easy target. Stand on the street outside your house and ask yourself: Does my property look neglected, hidden, or uninhabited? A front door or walkway that’s obscured by shrubbery offers crooks the perfect cover they need while they break a door or window. To improve security, trim shrubs away from windows and widen front walks.

2. Install motion detector lights. All sides of your house should be well-lit with motion-activated lighting, not just the front. Simple motion-activated floodlights cost less than $50 each, and installing them is an easy DIY job if the wiring is already in place.

3. Store your valuables. Thieves want easy-to-grab electronics, cash, jewelry, and other valuables, though some are not above running down the street with your flat-screen TV. Most make a beeline for the master bedroom, because that’s where you’re likely to hide spare cash, jewelry, even guns. Tour each room and ask yourself: is there anything here that I can move to a safe deposit box? Installing a home safe ($150 to $500) that’s bolted to your basement slab is a good repository for items you don’t use on a daily basis.

4. Secure your data. While you probably won’t be putting your home computer in a safe anytime soon, take steps to back up the personal information stored on it. Password protect your login screen, and always shut off your computer when not in use (you’ll save energy, too!) Don’t overlook irreplaceable items whose value may hard to quantify, like digital photos.

5. Prepare ahead of time in case the worst happens. Take a photo or video inventory of items of value in your home, and store the file online or in your home safe. Check that you’re properly insured for theft. Note that high-ticket items in your home office, such as computers, professional camera equipment, or other business essentials, may require an additional rider or a separate policy.

FSBO

What you should know when selling your property yourself.

Selling your home without an agent may sound empowering at first. It certainly may save you money on agent fees and commissions. However, the truth is that selling your home yourself can be very complicated. There is a lot that goes into the process that a typical homeowner wouldn’t know.

The simple truth is that as an FSBO (For Sale by Owner) individual, you don’t always know exactly what is involved when trying to sell your home. There is a lot of paperwork involved – some which you might not even understand.

That doesn’t mean you can’t do it.

Determining the right market value for your home

It is absolutely important to determine the fair market price for your home. You need to remember that the sentimental value you place on the house won’t be reflected in its actual market value. If you price it too low, then you may end up walking away with less than you should have in the first place. If you price it too high, there’s a chance it will take longer to sell, or not sell at all.

You have to price it just right. Allow yourself some wiggle room because people will likely try to negotiate a lower price. There are three ways that you can determine the value of your home:

  • Use real estate valuation websites: you can check sites such as Zillow or Trulia for a quick valuation of your property.
  • Hire an appraiser: this is the most effective way to get an accurate estimation of your property’s value.
  • Compare other homes in your area: what have other homes in your neighborhood sold for? Make sure that these homes are comparable to the one that you are selling. You’ll want to look at square footage, for example.

Remember that hiring an appraiser will still cost you money—around $300 to $500 for a report. Even then, mortgage companies won’t always accept it.

Get ready to work hard

You need to know that this process can be time-consuming. You have to prepare the home for the sale by making necessary repairs or improvements. You also need to create advertisements and field calls from potential buyers. You’re also responsible for finding appraisal companies and lawyers for the sale.

All of these essential tasks will take time and a fair amount of legwork. Because you likely also have other obligations, like a full-time job or a family, selling your home can get a little frustrating.

You won’t do it all by yourself

Although you are selling your home yourself, you are not the only person working on it. Many states require a real estate lawyer or title agent get involved in sales. This means that you have to find someone to help you with the sale. Once you do all this, you can close the sale. Hopefully, you make money on it.

Yes, selling your own house is entirely possible. Some people may even think it’s fun. It does, however, involve a great deal of work. Make sure to handle the entire process carefully because it is a large financial and legal transaction.

Contact Us

  • 350 E St #510, Eureka, CA 95501
  • (707) 444-3007
  • (707) 845-1215
  • (707) 205-2015
  • ljdisiere@gmail.com

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